Job Title

IRM-Model Risk Management-Unit Head-Model & AI Governance

Business Unit

Integrated Risk Management

Reporting To

IRM-Model Risk Management-Vertical Head

Job Function and Role Type

Model Risk & AI Governance, Supervisory Role, Moderate Travel Required

Version No

1

Job Purpose

Set strategic direction for enterprise-wide model risk and AI governance while driving cultural transformation and innovation. Provide executive leadership in shaping organizational approach to model risk and AI governance while managing C-suite relationships and regulatory expectations.

Key Responsibilities

Model Risk Governance

Set strategic direction for model risk and AI governance; Lead Model Risk Management Committee and AI/ML Council; Oversee model risk policy framework and AI governance strategy; Ensure regulatory compliance and manage senior stakeholder relationships; Governance & Policy; Drive standardization initiatives and oversee policy development; Lead regulatory relationships and ensure adherence to governance frameworks; Develop and implement AI governance strategies; Team & Project Management; Lead team of professionals and manage performance; Drive career development programs and oversee strategic projects; Implement systems and drive automation initiatives; Risk Management; Oversee model risk assessments and AI risk management; Manage validation frameworks and emerging risks; Lead risk reporting to the Board and develop risk metrics; Innovation & Development; Drive governance innovation and lead research initiatives; Develop strategic partnerships and drive industry engagement; Lead thought leadership and awareness programs.

Education:

Master's degree in Statistics, Mathematics, Economics, AI, Machine Learning, or Computer Science, or MBA in Finance.

Certifications:

AI/ML certifications preferred, leadership/management certifications valued.

Key Competencies

Strategic leadership, model risk management, AI/ML governance, stakeholder management, project portfolio management.

Major Stakeholders

C-suite executives, regulatory bodies, cross-functional teams.

Skills

Refer to the Job Description

About HDFC Bank

HDFC Bank is one of India’s leading private banks. The Housing Development Finance Corporation Limited or HDFC Ltd was among the first financial institutions in India to receive an “in principle” approval from the Reserve Bank of India (RBI) to set up a bank in the private sector. This was done as part of RBI’s policy for liberalization of the Indian banking industry in 1994. HDFC Bank was incorporated in August 1994 in the name of HDFC Bank Limited, with its registered office in Mumbai, India. The bank commenced operations as a Scheduled Commercial Bank in January 1995. As of March 31, 2026, the Bank’s distribution network was at 9,689 branches and 21,172 ATMs across 4,175 cities / towns as against 9,455 branches and 21,139 ATMs across 4,150 cities / towns as of March 31, 2025. 50% of the branches are in semi-urban and rural areas. In addition, the Bank has 14,400 business correspondents, which are primarily manned by Common Service Centres (CSC). The Bank’s international operations comprise five branch

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📌 IRM-Model Risk Mgmt-Unit Head-Model & AI Governance (Mumbai)
🏢 HDFC Bank
📍 Mumbai